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Apple actually does have a quasi hedge fund to manage its cash position: https://qz.com/393093/the-mysterious-fund-in-the-desert-that-manages-apples-cash/ http

Apple actually does have a quasi hedge fund to manage its cash position: https://qz.com/393093/the-mysterious-fund-in-the-desert-that-manages-apples-cash/ https://qz.com/393093/the-mysterious-fund-in-the-desert-that... Too much cash can also lead to behavioral finance issues down the road as well such as companies making ill-fated acquisitions such as Microsoft did under Ballmer's helm.

tboyd47 8y ago
Excuse me if this sounds tongue-in-cheek, but is "behavioral finance issues" another way to say that the people placed in charge of the large pile of cash can't be trusted with it? Are you saying the solution to that is to just not to hold any cash?
longerthoughts 8y ago
That fund does not remotely resemble a hedge fund. They strictly invest in low-risk securities (e.g. highly rated government bonds) to generate a modest return and minimize loss against inflation.